Aug 6, 2013 10:00am PDT
of a financial crisis in the president's hometown going the way as detroit. >> could chicago fall victim to the same problems that caused the biggest municipal bankruptcy in u.s. history. >> how a predator from africa made its way in a family's apartment. >> one major provider telling folks that their coverage will be dropped as a direct result. we'll be right back. if you like your doctor, you will be able to keep your doctor, period. (applause) >> if you like your health care plan, you will be able to keep your health care plan, period. [ man ] look how beautiful it is. ♪ honey, we need to talk. we do? i took the trash out. i know. and thank you so much for that. i think we should get a medicare supplement insurance plan. right now? [ male announcer ] whether you're new to medicare or not, you may know it only covers about 80% of your part b medical expenses. it's up to you to pay the difference. so think about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they help cover some of w
Aug 15, 2013 10:00am PDT
could go bankrupt just like detroit unless steps are taken to get the costs of pensions and health care under control. live in fox central, this is chilling. tell us more, david lee. >> consider this, alisyn. detroit is the largest city in the u.s. to declare bankruptcy in the red more than $18 billion. other even larger cities could be next. in a little more than three months, new yorkers will elect a new mayor. in a recent warning from mayor michael bloomberg to his successor is now reverberating around the city. >> avoiding the hard choices is how detroit went bankrupt. >> reporter: bloomberg says health and pension costs for city work that's right contributed to detroit's financial ruin threaten economic stability. most new york city employees and retirees pay nothing for $6.3 billion in health insurance. workers also pay little for tensi pensions that have taxpayers on the hook for $8 billion this year. >> new york city has right now 10,000 police officers retired who are under 40 and collecting pensions and they will technically collect those pensions for the rest of their lives.
Aug 13, 2013 10:00am PDT
. and facing the bankruptcy of detroit generates public pension do have the limits. and many are facing the same financial sectors for detroit. >> give up benefits or risk lay offs. >> thank you, doug in dc. >> we have new details on the horrific story of a child who was beaten up on his school bus. >> the video captured national attention a couple of weeks back. get them out of here. they are still doing it. >> leave that by alone. live him alone. you know, you are going to jail. you all are going to jail. >> the driver had nightmares for weeks on what he witnessed and tried to stop verbally. those boys aed of boating the 13-year-old. the victim was viciously hit and you can see they are kicking him and over and over again. it is a horrible scene for the 13-year-old boy. phil keating is watching it play out in court today. hello again, phil. >> all three of the 15-year-olds are charged with aggravated battery as juveniles and the judge told them they are luky they are only 15 and otherwise they would be facing felony charges and serious prison time. all three suspects each appeared wit